The Week Ahead, Mar. 21, 2022: 5 Things to Know

Good morning and happy Monday! Here’s what’s happening in the real estate finance world this week:

First, MBA Reports. This is a busy week for reports from the Mortgage Bankers Association, starting today with the monthly Loan Monitoring Survey (formerly the weekly Forbearance and Call Volume Survey). MBA will present the latest numbers on mortgage forbearances at 4:00 p.m. ET, with commentary and analysis from MBA Vice President of Industry Analysis Marina Walsh, CMB.

Here are other MBA reports coming out this week:

Monday: MBA 4th Quarter Commercial/Multifamily Loan Delinquencies Survey (analysis and commentary from MBA Vice President of Commercial/Multifamily Jamie Woodwell)

Tuesday: MBA 2021 Commercial/Multifamily Originator Rankings; MBA 4th Quarter Mortgage Bankers Performance Report (commentary and analysis from Walsh)

Wednesday: MBA Weekly Applications Survey (commentary and analysis from MBA Associate Vice President of Economic and Industry Forecasting Joel Kan); MBA 4th Quarter Commercial/Multifamily Mortgage Debt Outstanding (commentary and analysis from Woodwell)

Thursday: MBA February Purchase Applications Payment Index (commentary and analysis from Kan).

Second, Other Economic Reports. Here are this week’s reports (those that MBA NewsLink will cover are in boldface):

Monday: MBA Loan Monitoring Survey; Chicago Fed National Activity Index

Tuesday: Philadelphia Fed Non-Manufacturing Survey; Richmond Fed Survey of Manufacturing Activity

Wednesday: MBA Weekly Applications Survey; New Residential Sales; Dallas Fed Energy Survey

Thursday: Advance Durable Goods; Initial Claims

Friday: University of Michigan Consumer Survey (Final); Pending Home Sales Index

Third, the MBA Tech Solutions Conference & Expo. The biggest mortgage technology conference of the year is less than three weeks away, taking place Apr. 11-14 at the Bellagio in Las Vegas.

Take the pulse of the industry and where it’s headed so you can keep up. Take knowledge and solutions back home with you to keep your company in the game. Meet with experts from top companies in THE INNOVATION HUB to find the solutions you need to respond to change and drive your business forward. Get unrivaled access to thought leaders and a front-row seat to today’s top fintech and industry providers as they present 20+ live demos during the Tech Showcase.

For more information and to register, visit the Conference website.

Fourth, Congress. The Senate Banking Committee holds a hearing on Tuesday, Mar. 22 on Building a Resilient Economy: Shoring Up Supply. The hearing begins at 10:15 a.m. ET in Dirksen Senate Office Building room 538 and can be accessed online here.

On Thursday, Mar. 24, the Banking Committee holds a hearing on Strengthening Oversight and Equity in the Appraisal Process. The hearing begins at 10:00 a.m. ET in 538 Dirksen and can be accessed online here.

The House Financial Services Committee is quiet this week.

For more information about the House and Senate, visit www.house.gov and www.senate.gov, respectively. For more information about upcoming hearings in the Senate Banking Committee, click https://www.banking.senate.gov/hearings. For more information about upcoming hearings in the House Financial Services Committee, click https://financialservices.house.gov/calendar/?EventTypeID=577&Congress=117.

Fifth, Upcoming MBA Conferences. Here is a list of upcoming MBA conferences:

·          Apr 11 – 14, 2022— Technology Solutions Conference and Expo 2022

The Bellagio Las Vegas

·          Apr 25 – 26, 2022— State and Local Workshop 2022

Renaissance Washington, D.C.

·          Apr 26 – 27, 2022— National Advocacy Conference 2022

Renaissance Washington, D.C.

·          May 15 – 18, 2022— Secondary and Capital Markets Conference and Expo 2022

Marriott Marquis New York

·          May 15 – 18, 2022— Commercial/Multifamily Housing Servicing and Technology Conference

JW Marriott Los Angeles L.A. LIVE

·          May 22 – 25, 2022— Legal Issues and Regulatory Compliance Conference 2022

Intercontinental Miami

For more information, click the links above or visit https://www.mba.org/conferences-and-education/conferences-and-meetings.

For the most up-to-date information regarding legislative activity at the state and local level, visit the MBA State Legislative Database here.

For information about MBA Education events, visit http://www.mbaeducation.org.  

For information about the National Association of Minority Mortgage Bankers of America (NAMMBA), visit https://www.nammba.org/.

Enjoy the week!